Category: Featured

Deep Fission, which aims to place small modular reactors in boreholes a mile underground, says it has identified three initial potential project sites - in Texas, Utah and Kansas.

Deep Fission, a California-based nuclear startup aiming to place small modular pressurized water reactors in boreholes one mile underground, has announced the selection of its first three planned sites in Texas, Utah, and Kansas.

Nuclear energy company Deep Fission has gone public through a reverse merger transaction with Surfside Acquisition and raised $30m through a private placement offering. As a result of the deal, Surfside Acquisition, a special purpose acquisition company, has merged with the operational company. The new entity will retain the name of Deep Fission.

Deep Fission Inc. raised $30 million in financing to develop a system for installing small nuclear reactors deep underground.

Sometimes an idea is so elegant that it really deserves to work. One such proposal is Elizabeth Muller’s brainwave to build a reactor at the bottom of a mile-deep shaft drilled into Earth’s crust, and then fill the shaft with water. This would, in one fell swoop, minimise the risk of radioactive leaks, dispose of the “hot” waste reactors generate and eliminate much of the paraphernalia that make them expensive to build and run.

Deep Fission, an American startup, has unveiled a groundbreaking approach to nuclear energy by proposing the installation of miniature reactors at the bottom of deep boreholes, promising a safer and more cost-effective power solution.